Au_man
02-24-2006, 10:27 PM
There seem to be quite a few people here who don't really care too much for the Federal Reserve. To a lot of people here, the Fed is the entity that legally lies, cheats, and steals to deprive people of real wealth and keep them under the control of the elite. I visited the bank in Chicago as part of a group trip of college faculty and students and found what I see as a distortion of history. The bank has a little visitors' center or museum type deal with displays of various kinds of money (a huge case of coins, a million $1 FRNs, a $10,000 FRN, etc, etc, etc.) I noticed a series 1935A $1 HAWAII silver certificate. (Although it's paper, at one time it could at least be redeemed for real money.) The note was in a display with the reverse showing. The bank had the thing labeled as a FRN (a worthless piece of paper). I don't know if it is an intentional mislabeling or an honest mistake, but I think its important to be honest and accurate if you want people to trust you that your pieces of paper are the most valuable things in the world. I pointed this out to the guy in charge of the tour, he kind of tried to brush me off. So I went to the professor that was in charge of the college group. When the tour guide saw me talking to him, he quickly butted in and wisked the professor away from me to show him "something really interesting." So, I proceeded to point out my discovery to everyone in the room. When I returned home, I wrote a letter to the Fed asking them to correct this error. I was also asked to do a guest lecture for a class. I talked about the history of the money in this country from the time the Fed came into existance to the present. So I did get the chance to explain to some students how our money has gone from something of real value to something next to worthless. I know you may have thought there was some huge scandal from reading the title, but that was just an interesting experience I thought I'd share. By the way, if anyone ever goes to that bank, check that out and let me know if they changed it.